Recruitment & Retention

Sehayek succeeds Applebaum, who is no longer with the asset manager; Questa remains the other co-head.

The German asset manager, with around €18.5bn in private credit assets, will lose Desmond Ng in the summer.

The institution’s $133bn investment management unit has appointed a former head of alternatives from Singapore’s NTUC Income to the newly created role.

The firm that Apollo acquired from Credit Suisse is focused on growth in ABF and warehouse financing.

Talent management, bank funding and the rise of artificial intelligence are just some of the issues that private debt players need to contemplate.

As the private credit market goes from strength to strength, novel recruitment strategies are needed to find – and retain – equally strong talent, says Gail McManus, founder director of PER.

Firms are increasingly looking for private debt professionals who can offer them ‘the whole package’, but a dearth of specialist talent is highlighting the challenges of hiring.

The skill set is not unique and not a constraint on the growth of the industry.

Former CFOs will be co-presidents of the real estate and corporate credit outfit.

The firm says the new partners will help fuel continued growth of its infra and asset-based credit platform.